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Oracle
License raj was replaced by permits raj. It still takes forever to get projects started. Posco is a good example.Yes. I personally believe Lokpal system will bring the old bureaucracy or License Raj back to India. I do.
The thing that gets me is after 20+ years of liberalisation, its easier to start a business in west bank/gaza, lebanon & bosnia. Than it is to start a business in India (!)
Why is India coming in at 179 out of 189 in that parameter ?